tomo logo

$809,000

Beds
4
Baths
2.0
sq ft
1,622

4000 Santa Rita St, Oakland, CA 94601

4000 Santa Rita St

Oakland, CA 94601

  • 20 days on market
Meticulously updated and beautifully maintained, this Oakland gem radiates pride of ownership. Featuring a spacious downstairs bonus room, cozy fireplace, modern kitchen, landscaped (low maintenance) yard with fruit trees, welcoming front porch, and PLENTY of tandem parking (enough for a boat AND RV) this home effortlessly blends historic charm with contemporary convenience. Nestled near the vibrant Laurel District and close to Lake Merritt, you'll enjoy easy access to parks, dining, and shopping. SIDEWALK & SEWER LATERAL COMPLIANT WITH NEWER ROOF! Conveniently located just 1.3 miles from BART and 1.5 miles from I-580, this home is ideally situated for a dynamic lifestyle. Nearby attractions include: Lake Temescal, the Piedmont area with its dining and shopping options, and Children's Fairyland, a whimsical amusement park perfect for family outings. Additionally, you're close to Joaquin Miller Park, Dimond Park, and Jack London Square, ensuring there's always something exciting to explore. Don’t miss the opportunity to own a piece of Oakland's rich heritage in a thriving community.

Details

Property type

Single Family Residence

Est. home value

$943,854

Lot size

5,200 sq ft

Price per sq ft

$499

Year built

1922

Price History

06/10/2024
BridgeMLS

BridgeMLS #41062241

Listed
$809,000
-14.84%
06/04/2021
BridgeMLS

BridgeMLS #40949994

Sold
$950,000

Schools & Community

Neighborhood: 

Jefferson

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Oakland (510) 879-8111

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$25,336
Asking price
$809,000
Closing costs (~8% of asking)
-$64,720
Est. remaining loan balance
-$769,616
Cash to seller
-$25,336

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2021

Original loan amount

$822,375

Est. remaining balance

$769,616

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Pedro Rivera and Jami Marcoe

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 8:05 AM

Listing updated: 06/21/2024 at 2:23 PM

Listed by: Ashley Sollars, HomeSmart Optima Realty, Inc Phone #: (707) 853-5903

MLS: BridgeMLS #41062241

BridgeMLS logo

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